SIE Exam Practice Question 1023
Question: 1023
Which of the following is a note issued in anticipation of future tax receipts, such as receipts of ad valorem taxes that are due and payable at a set time of year?
Correct Answer: C
Explanation:
A TAN (tax anticipation note) is a note issued in anticipation of future tax receipts, such as receipts of ad valorem taxes that are due and payable at a set time of year.
More Tests
- SIE Exam Practice Test 1
- SIE Exam Practice Test 2
- SIE Exam Practice Test 3
- SIE Exam Practice Test 4
- SIE Exam Practice Test 5
- SIE Exam Practice Test 6
- SIE Exam Practice Test 7
- SIE Exam Practice Test 8
- SIE Exam Practice Test 9
- SIE Exam Practice Test 10
- SIE Exam Practice Test 11
- SIE Exam Practice Test 12
- SIE Exam Practice Test 13
- SIE Exam Practice Test 14
- SIE Exam Practice Test 15
- SIE Exam Practice Test 16
- SIE Exam Practice Test 17
- SIE Exam Practice Test 18
- SIE Exam Practice Test 19
- SIE Exam Practice Test 20